Shenzhen Zhuoyue Technology Co., Ltd. (hereinafter referred to as "the Company") recently learned through inquiries into its bank accounts that part of the funds in the basic account of its wholly-owned subsidiary, Shenzhen Zhuoyue Intelligent Manufacturing Co., Ltd. (hereinafter referred to as "Zhuoyue Intelligent Manufacturing"), have been frozen. The relevant situation is announced as follows:
1. Situation of Frozen Funds
| Account Name | Opening Bank | Bank Account Number | Account Nature | Frozen Amount (RMB) |
|---|---|---|---|---|
| Zhuoyue Intelligent Manufacturing | China Construction Bank Co., Ltd. ** Branch | 4420******6259 | Basic Account | 160,765.00 |
| Total | 160,765.00 |